Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 17168100
The IDEAL DAIRY FARMS EES RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by IDEAL DAIRY FARMS, INC. of UNION, NJ, was terminated on 1996-07-03 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1998-09-02. At the date of termination the plan had 7 participants — current and former employees with vested retirement benefits.
When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.
| Plan | Terminated | Participants |
|---|---|---|
| IDEAL DAIRY FARMS LOCAL 680 PENSION PLAN | 1995-07-14 | 48 |
All plans sponsored by EIN 221525885. Full sponsor profile →
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